Nexa Provides Operational Update on Cerro Pasco Complex
Nexa Resources (NYSE:NEXA) has announced a partial and temporary suspension of mining operations at its Atacocha and El Porvenir mines within the Cerro Pasco Complex due to illegal blockades by members of the San Juan de Milpo community. The complex, which produces approximately 1.2kt of zinc per week, has been limited to critical activities for safety and maintenance.
Despite the disruption, the company maintains its 2025 production guidance and reports no material impact on production to date. Nexa is actively engaging with community members and authorities to resolve the situation peacefully.
Nexa Resources (NYSE:NEXA) ha annunciato una sospensione parziale e temporanea delle operazioni minerarie nelle miniere Atacocha ed El Porvenir del Complesso Cerro Pasco a causa di blocchi illegali da parte di membri della comunità di San Juan de Milpo. Il complesso, che produce circa 1,2 kt di zinco alla settimana, è stato limitato alle attività critiche per motivi di sicurezza e manutenzione.
Nonostante la interruzione, la società conferma le sue previsioni di produzione per il 2025 e segnala che finora non ci sono impatti significativi sulla produzione. Nexa sta dialogando attivamente con i membri della comunità e le autorità per risolvere la situazione in modo pacifico.
Nexa Resources (NYSE:NEXA) ha anunciado la suspensión parcial y temporal de las operaciones mineras en las minas Atacocha y El Porvenir del Complejo Cerro Pasco debido a bloqueos ilegales por parte de miembros de la comunidad de San Juan de Milpo. El complejo, que produce aproximadamente 1,2 kt de zinc por semana, se ha limitado a actividades crÃticas por seguridad y mantenimiento.
A pesar de la interrupción, la compañÃa mantiene su previsión de producción para 2025 y reporta que hasta la fecha no hay un impacto material en la producción. Nexa está dialogando activamente con los miembros de la comunidad y las autoridades para resolver la situación de forma pacÃfica.
Nexa Resources (NYSE:NEXA)ëŠ� San Juan de Milpo ì§€ì—� ì£¼ë¯¼ë“¤ì˜ ë¶ˆë²• 봉쇄ë¡� ì¸í•´ Cerro Pasco 단지 ë‚� Atacochaì™¶Ä El Porvenir 광구ì� ê´‘ì‚° 작업ì� 부분ì ·ì¼ì‹œì 으ë¡� 중단했다ê³� 발표했습니다. 해당 단지ëŠ� 주당 ì•� 1.2ktì� ì•„ì—°ì� ìƒì‚°í•˜ë©°, 현재 ì•ˆì „ ë°� ìœ ì§€ë³´ìˆ˜ë¥� 위한 필수 활ë™ë§� ì§„í–‰ 중입니다.
혼란ì—ë„ ë¶ˆêµ¬í•˜ê³ íšŒì‚¬ëŠ� 2025ë…� ìƒì‚° ì „ë§ì� ìœ ì§€í•˜ê³ ìžˆìœ¼ë©�, 현재까지 ìƒì‚°ì—� 중대í•� ì˜í–¥ì€ ë³´ê³ ë˜ì§€ 않았습니ë‹�. NexaëŠ� ìƒí™©ì� í‰í™”ì 으ë¡� 해결하기 위해 ì§€ì—� 주민 ë°� 당êµê³� ì ê·¹ì 으ë¡� í˜‘ë ¥í•˜ê³ ìžˆìŠµë‹ˆë‹¤.
Nexa Resources (NYSE:NEXA) a annoncé une suspension partielle et temporaire des activités minières de ses mines Atacocha et El Porvenir au sein du complexe Cerro Pasco, en raison de blocages illégaux exercés par des membres de la communauté de San Juan de Milpo. Le complexe, qui produit environ 1,2 kt de zinc par semaine, s'est limité aux activités critiques pour la sécurité et la maintenance.
Malgré la perturbation, la société maintient ses prévisions de production pour 2025 et indique qu'à ce jour la production n'a pas subi d'impact significatif. Nexa engage activement le dialogue avec les membres de la communauté et les autorités pour résoudre la situation pacifiquement.
Nexa Resources (NYSE:NEXA) hat eine teilweise und vorübergehende Einstellung der Bergbauaktivitäten in den Gruben Atacocha und El Porvenir im Cerro Pasco-Komplex aufgrund illegaler Blockaden durch Mitglieder der Gemeinde San Juan de Milpo angekündigt. Der Komplex, der etwa 1,2 kt Zink pro Woche produziert, ist auf sicherheits- und wartungsrelevante Tätigkeiten beschränkt worden.
Trotz der Störung hält das Unternehmen seine Produktionsprognose für 2025 aufrecht und berichtet, dass es bis dato keine wesentlichen Auswirkungen auf die Produktion gibt. Nexa steht in aktivem Austausch mit Gemeindemitgliedern und Behörden, um die Situation friedlich zu klären.
- None.
- Illegal blockade forcing partial suspension of mining operations
- Access to Atacocha and El Porvenir mines currently blocked
- Community relations challenges affecting operational stability
Luxembourg, Luxembourg--(Newsfile Corp. - August 12, 2025) - Nexa Resources S.A. (NYSE: NEXA) ("Nexa Resources", "Nexa" or the "Company") announces the partial and temporary suspension of mining activities at its Atacocha and El Porvenir mines.
A small group of individuals from the San Juan de Milpo community has illegally blocked access to the mines as part of protest activities. While there has been no material impact on production to date, operations are currently limited to critical activities to ensure safety and proper maintenance.
Nexa remains committed to constructive dialogue with the community and authorities to achieve a peaceful and prompt resolution. The Company reaffirms its dedication to the social and economic development of its host communities.
At this time, Nexa's 2025 production guidance remains unchanged, as the Cerro Pasco Complex contributes approximately 1.2kt of zinc per week. The Company will continue to monitor the situation closely and provide timely updates to the market as necessary.
About Nexa
Nexa is a large-scale, low-cost, integrated polymetallic producer, zinc being our main product, with over 65 years of experience developing and operating mining and smelting assets in Latin America. Nexa currently owns and operates four long-life underground polymetallic mines, two located in the Central Andes region of Peru, and two located in Brazil (one in the state of Minas Gerais and one in the state of Mato Grosso). Nexa also owns and operates one low-cost polymetallic open pit mine, also in the Central Andes region of Peru, and three smelters, two located in the state of Minas Gerais in Brazil (Três Marias and Juiz de Fora), and one, located in Lima, which is Cajamarquilla, the largest smelter in the Americas.
Nexa was among the top five producers of mined zinc globally in 2024 and one of the top five metallic zinc producers worldwide in 2024, according to Wood Mackenzie.
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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. The words "believe," "will," "may," "may have," "would," "estimate," "continues," "anticipates," "intends," "plans," "expects," "budget," "scheduled," "forecasts" and similar words are intended to identify estimates and forward-looking statements. Forward-looking statements are not guarantees and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Nexa to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Actual results and developments may be substantially different from the expectations described in the forward-looking statements for a number of reasons, many of which are not under our control, among them, the activities of our competition, the future global economic situation, weather conditions, market prices and conditions, exchange rates, and operational and financial risks. The unexpected occurrence of one or more of the abovementioned events may significantly change the results of our operations on which we have based our estimates and forward-looking statements.
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These forward-looking statements related to future events or future performance and include current estimates, predictions, forecasts, beliefs and statements as to management's expectations with respect to, but not limited to, the business and operations of the Company and mining production, our growth strategy, the impact of applicable laws and regulations, future zinc and other metal prices, smelting sales, capex, expenses related to exploration and project evaluation, estimation of Mineral Reserves and/or Mineral Resources, mine life and our financial liquidity.
Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable and appropriate by management and qualified persons considering their experience are inherently subject to significant uncertainties and contingencies and may prove to be incorrect. 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, full integration of mining and smelting operations, 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 metal prices, exchange rates, or the cost of energy, supplies or transportation, among other assumptions.
We assume no obligation to update forward-looking statements except as required under securities laws. Estimates and forward-looking statements refer only to the date when they were made, and we do not undertake any obligation to update or revise any estimate or forward-looking statement due to new information, future events or otherwise, except as required by law. Estimates and forward-looking statements involve risks and uncertainties and do not guarantee future performance, as actual results or developments may be substantially different from the expectations described in the forward-looking statements. 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+ () and on EDGAR ().
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