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Ero Copper Extends Deal With Royal Gold to Boost Growth at Xavantina
Ero CopperEro Copper(US:ERO) ZACKS·2025-04-02 16:15

Ero Copper Corp (ERO) announced that it extended its precious metal purchase agreement related to the Xavantina operations with Royal Gold, Inc.'s (RGLD) wholly-owned subsidiary, RGLD Gold AG.Details of ERO-RGLD DealERO Copper will receive an additional $50 million in upfront proceeds from Royal Gold under the terms of the agreement. Including this, Royal Gold provided $160 million under the Xavantina streaming agreements from 2021.As part of the streaming agreement, Royal Gold will continue to purchase 25% ...