Ero Copper Corp. (NYSE:ERO) Q4 2022 Earnings Conference Call March 8, 2023 11:30 AM ET

Company Participants

Courtney Lynn - VP, Corporate Development and Investor Relations

David Strang - Chief Executive Officer

Wayne Drier - Chief Financial Officer

Makko DeFilippo - President

Conference Call Participants

Orest Wowkodaw - Scotiabank

Gordon Lawson - Paradigm Capital

Operator

Thank you for standing by. This is the conference operator. Welcome to the Ero Copper Fourth Quarter and Full Year 2022 Financial and Operating Results Conference Call. [Operator Instructions]

I would now like to turn the conference over to Courtney Lynn, Vice President, Corporate Development and Investor Relations for opening remarks. Please go ahead.

Courtney Lynn

Thank you, Brenda. Good morning and welcome to EroCopper fourth quarter and full year 2022 earnings call. Our operating and financial results were released yesterday afternoon and are available on our website as are our financial statements and MD&A for the three and 12 months December 31st, 2022.

Our operating and financial results were released yesterday afternoon and are available on our website as are our financial statements and MD&A for the three and 12 months December 31st, 2022.

On the call today are David Strang Ero's Co-founder and Chief Executive Officer; Makko Defilippo, President; and Wayne Drier, Chief Financial Officer. We will be making forward-looking statements that involve risks and uncertainties from which actual results may differ materially and from which actual results may differ materially. We would refer you to our most recent annual information form available on our website, SEDAR and EDGAR for a discussion of the risk factors of our business and their potential impact on future performance.

As a reminder, and unless otherwise noted, all amounts are in U.S. dollars.

I will now pass the call over to David Strang.

David Strang

Thank you, Courtney and thank you everyone for joining us today. 2022 proved to be another pivotal year for Ero Copper as we kicked off a major growth phase for the company. We commenced several projects that are expected to double our annual copper production to approximately 100,000 tons of copper per year by 2025 and increase our annual gold production to 60,000 ounces. In early 2022, in preparation for the construction of the Tucuma Project, we significantly strengthened our balance sheet through the timely issuance of 400 million in senior notes. Throughout the year, we made significant progress across our portfolio of growth initiatives.