Nexa Resources S.A. Announces Filing of Form 20-F for the Fiscal Year Ended 2018, Publication of Atacocha Technical Report & ...
April 03 2019 - 8:37PM
Business Wire
Nexa Resources S.A. (“Nexa Resources” or “Nexa” or “the
“Company”) (NYSE:NEXA) (TSX:NEXA), announces that it has filed its
annual report on Form 20-F for the fiscal year ended December 31,
2018 with the U.S. Securities and Exchange Commission
(www.sec.gov/edgar) and on SEDAR in Canada (www.sedar.com). Nexa
also announces that it has filed its full updated report on Mineral
Reserves and Mineral Resources as of December 31, 2018 – Mining
Report. As disclosed on the notice to the market on March, 28,
2019, Nexa’s Mineral Reserves reached 4,449.0 kt contained Zn, an
increase compared to the previous (3,897.2 kt contained Zn), as the
result of a positive feasibility study and production decision on
the Aripuanã project. Nexa Resources additionally informs the
publication of its Technical Report for Atacocha mine. Both the
Mining Report and the Atacocha Technical Report contain
descriptions of mineral reserves and mineral resources estimates
prepared in accordance with National Instrument 43-101 ("NI
43-101"), and may not be comparable to similar information prepared
in accordance with Industry Guide 7 that is presented in our annual
report on Form 20-F.
About Nexa
Nexa is a large-scale, low-cost integrated zinc producer with
over 60 years of experience developing and operating mining and
smelting assets in Latin America. The Company currently owns and
operates five long-life underground mines - three located in the
Central Andes of Peru and two located in the state of Minas Gerais
in Brazil - and is among the top five producers of mined zinc
globally in 2018, according to Wood Mackenzie. Nexa is also one of
the top five metallic zinc producers worldwide in 2018, according
to Wood Mackenzie.
CAUTIONARY STATEMENT ON FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking information
and forward-looking statements as defined in applicable securities
laws (collectively referred to in this News Release as
“forward-looking statements”). All statements other than statements
of historical fact are forward-looking statements. Forward-looking
statements involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or
achievements of Nexa Resources to be materially different from any
future results, performance or achievements expressed or implied by
the forward-looking statements. These forward-looking statements
include (but are not limited to) estimates, forecasts, and
statements as to management’s expectations with respect to the
business and operations of the Company and mining production and
its projects. This news release also contains references to
estimates of mineral resources and mineral reserves. The estimation
of mineral resources is inherently uncertain and involves
subjective judgments about many relevant factors. Estimates of
mineral reserves provide more certainty but still involve similar
subjective judgments. Mineral resources that are not mineral
reserves do not have demonstrated economic viability. The accuracy
of any such estimates is a function of the quantity and quality of
available data, and of the assumptions made and judgments used in
engineering and geological interpretation (including estimated
future production from the Company’s projects, the anticipated
tonnages and grades that will be mined and the estimated level of
recovery that will be realized), which may prove to be unreliable
and depend, to a certain extent, upon the analysis of drilling
results and statistical inferences that ultimately may prove to be
inaccurate. Mineral resource or mineral reserve estimates may have
to be re-estimated based on: (i) fluctuations in mineral prices;
(ii) results of drilling; (iii) metallurgical testing and other
studies; (iv) proposed mining operations, including dilution; (v)
the evaluation of mine plans subsequent to the date of any
estimates and/or changes in mine plans; (vi) the possible failure
to receive required permits, approvals and licenses; and (vii)
changes in law or regulation. Forward-looking statements are
necessarily based upon a number of factors and assumptions that,
while considered reasonable by management, are inherently subject
to significant business, economic and competitive uncertainties and
contingencies. Statements concerning future production costs or
volumes are based on numerous assumptions of management regarding
operating matters and on assumptions that demand for products
develops as anticipated, that customers and other counterparties
perform their contractual obligations, that operating and capital
plans will not be disrupted by issues such as mechanical failure,
unavailability of parts and supplies, labor disturbances,
interruption in transportation or utilities, adverse weather
conditions, and that there are no material unanticipated variations
in the cost of energy or supplies. We assume no obligation to
update forward-looking statements except as required under
securities laws. Further information concerning risks and
uncertainties associated with these forward-looking statements and
our business can be found in our public disclosures filed under our
profile on SEDAR (www.sedar.com) and
on EDGAR (www.sec.gov).
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190403005923/en/
Roberta Varella – Head of Investor
Relationsir@nexaresources.com+55 11 3405-5601
Nexa Resources (NYSE:NEXA)
Historical Stock Chart
From Mar 2024 to Apr 2024
Nexa Resources (NYSE:NEXA)
Historical Stock Chart
From Apr 2023 to Apr 2024