Royal Gold has committed to contributing $5 per ounce of gold delivered under its stream agreement with Ero Copper (“Ero”). These funds are to assist Ero in fulfilling its ESG commitments within the area of influence of the Xavantina mine in Brazil.
In 2023, Ero and Royal Gold determined that the Hope Project, an educational initiative established in 1997 and in partnership with the Municipal Department of Nova Xavantina City, would be the project Royal Gold would help financially support. Ero has had a long and successful relationship with the Hope Project and has provided financial donations as well as volunteer participation since 2012. Specifically, Royal Gold’s contribution is helping to increase the diversification of educational content for students aged 7 to 17 who come from vulnerable families. Royal Gold’s contribution helped increase student attendance from 48 to 79 students in addition to helping expand classroom materials and resources.
SDG Zero Hunger: The project provides children with a healthy eating routine and direct exposure to agricultural production techniques and sustainable cooking practices. This program directly contributes to ending hunger, achieving food security, improving nutrition and promoting sustainable agriculture practices.
SDG Quality Education: The project seeks to ensure that all children in the community complete free, equitable and quality primary and secondary education that leads to relevant and effective learning outcomes. The project also aims to prepare children and young adults for the job market with professional education from volunteers.