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Ero Copper Extends Deal With Royal Gold to Boost Growth at Xavantina
EROEro Copper(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 50millioninupfrontproceedsfromRoyalGoldunderthetermsoftheagreement.Includingthis,RoyalGoldprovided50 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% ...