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Nexa Resources reports 4.4% growth in 2025 mineral reserves, extending mine life through exploration.

Company Fundamentals
26 Mar 2026
Newsfile Corp
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Bullish
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Nexa Resources announced a 4.4% increase in its 2025 year-end mineral reserves to 115.1 million tonnes, driven by successful near-mine exploration and resource conversion drilling in Peru and Brazil. Key contributions came from the Vazante, Cerro Pasco Complex, and Atacocha mines, extending mine life by up to two years at several sites. Despite some grade reductions due to economic assumptions, the company maintained a strong reserve replacement ratio of 92.4%, underscoring its organic growth potential. Nexa plans to continue investing in exploration and project development in 2026 to further extend mine life and expand its resource base.

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