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Ero Copper Corp.
As of May 30, 2026 at 24:05 UTC
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About Ero Copper Corp.
Ero Copper Corp is a high-margin, high-growth copper producer with operations in Brazil. Its primary asset is its 99.6% ownership interest in Mineracao Caraiba S.A., held indirectly through its wholly-owned subsidiary. The company also owns a 97.6% ownership interest in NX Gold S.A. indirectly through its wholly-owned subsidiary. Its reporting segments include its three operating mines in Brazil, the Caraiba Operations, the Tucuma Operation, and the Xavantina Operations, and its corporate head office in Canada.
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Latest News
5 articlesSoma Gold Corp. reported Q1 2026 results showing significant operational challenges. Revenue declined 19% to $22.5 million, adjusted EBITDA fell 65% to $4.7 million, and the company posted a net loss of $2.1 million versus prior year income of $3.2 million. The decline was driven by operational disruptions following a labor strike, mechanical issues at the El Bagre Mill, and a sharp reduction in ore grade at the Cordero mine (3.58 gpt vs. 6.25 gpt average). Gold equivalent ounces sold dropped 45% to 3,788 ounces. Management expects improvement in H2 2026 as higher-grade mining areas are accessed and feed from other mines ramps up.
Wesdome Gold Mines announced the appointment of Faheem Tejani as an independent director and Chair of the Audit Committee effective December 31, 2025. Tejani brings over 25 years of experience in finance and capital markets, including previous roles at BMO Capital Markets and current position as President of Capital Asset Lending Inc. The appointment expands Wesdome's board to eight members with seven independent directors.
Ero Copper Corp. has filed its Technical Report for the Xavantina Operations, detailing an updated National Instrument 43-101 compliant mineral reserve and resource estimate previously announced on November 4, 2025. The report is available on the company's website, SEDAR+, and EDGAR. Ero operates copper mines in Brazil and is advancing the Furnas Copper-Gold Project through a partnership with Vale Base Metals.
Soma Gold Corp announced successful drill results at its Cordero Mine in Colombia, extending the Atenas Zone with high-grade gold intercepts, including a notable 45.2 g/t Au over 5.55 meters. The drilling program has expanded the known strike and dip extent of the mineralized zone.
Soma Gold experienced a labor disruption at its El Bagre Gold Mining Complex from September 9 to November 5, impacting production and revenue. Despite the strike, the company maintained revenue growth and remains focused on expansion plans and operational recovery.