02:11 PM EDT, 03/19/2024 (MT Newswires) -- Nexa Resources ( NEXA ) said Tuesday it would suspend mining operations at the Morro Agudo complex in Brazil to conserve cash.

Work at the mine, which currently does not have any estimated mineral reserves, will stop May 1, the company said.

However, limestone production will continue at full capacity, added.

Nexa Resources ( NEXA ) shares up 1.3% in recent trading.

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