Off-market insider selling at Ero Copper (ERO)

Off-market insider selling at Ero Copper (T:ERO)

Updated Tuesday Jul 02, 2019 01:53 AM EDT
Tembo Capital Mining GP Limited, a 10% Holder, disposed of 1,900,000 Common Shares on an indirect ownership basis for registered holder Tembo Capital Mining Fund II LP at a price of $20.450 through a private transaction on June 27th, 2019. This represents a $38,855,000 divestment of the company's shares and an account share holdings change of -18.3%.

Ero Copper is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Ero Copper Corp is a Canada-based company focused on copper production from the Vale do Curaca Property that is located in Bahia, Brazil. The Company's primary asset is a Brazilian copper mining company, Mineracao Caraba S.A. (MCSA), owner of the Vale do Curaca Property. The Company mines copper ore from the Pilar underground mine, the Surubim open pit mine and its newly constructed Vermelhos underground mine. In addition to the Vale do Curaca Property, the Company owns the Boa Esperanca development project, an Iron oxide copper gold ore deposits (IOCG)-type copper project located in Para Brazil. Integrated operations of the Company's mining complex include underground and open pit mining activities, a conventional three-stage crush and flotation mill and supporting infrastructure required to produce a clean concentrate grading 35% copper.

Headlines: Jul 02, 2019


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