Xavantina Operations
Project information
As at 31 December 2025
Description
As at 31 December 2025
Underground gold mine ~18 km west of Nova Xavantina in southeastern Mato Grosso State, held through NX Gold (97.6% Ero interest), producing gold doré and, from Q4 2025, gold concentrate, with silver by-product. The operation transitioned to mechanized mining in 2025, temporarily reducing production while improving safety and supporting target sustained mining rates above 60,000 t per quarter; new mechanized headings are being advanced in the Santo Antônio orebody with ventilation upgrades. A year-long value-creation initiative culminated in 14,999 oz of gold shipped in concentrates in Q4 2025 (12,754 oz sold; 2,245 oz deliverable to Royal Gold under the Xavantina Gold Stream), bringing total 2025 gold to 52,290 oz. Subject to the Royal Gold stream; closure projected 2031-2039. Technical basis: NI 43-101 'Technical Report on the Xavantina Operations' (GE21, dated December 19, 2025).
Mining metrics
Multiple effective dates
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Royalties & streams
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