Ero Copper Corp. (TSE:ERO) has released an update.
Ero Copper Corp. reports a productive first quarter with the key highlight being the Tucumã Project, which is on track to start producing copper concentrate in early Q3 2024 and is nearing completion at 97%. The quarter also saw Ero produce 8,091 tonnes of copper and a record 18,234 ounces of gold, boasting strong operating margins, despite noting a net loss of $7.1 million which turns into an adjusted net income of $16.8 million when certain non-IFRS measures are considered.
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