Resolution Copper Establishes $54 Million Tribal Trust

Resolution Copper has established the Resolution Copper Tribal Trust, a perpetual endowment valued at $54 million. This fund is designated to provide annual financial support to eleven Tribal Nations located in Arizona and New Mexico.

The trust's purpose is to support the preservation and advancement of the tribes' cultural heritage, historical knowledge, and traditional ways of life. Funds are intended for a range of cultural projects, including language revitalization, support for traditional arts, and the protection of historical sites.

Resolution Copper stated that the establishment of the trust reflects its commitment to ongoing collaboration with local communities and the long-term support of their cultural practices. The company has been engaged in discussions with various tribal and interest groups regarding its projects' environmental and community impacts.

The trust will be administered by an independent entity to ensure the effective and goal-oriented distribution of funds to the participating tribes. The perpetual nature of the endowment is intended to secure a lasting source of support for cultural preservation efforts.