14th Oct 2025 12:25
Ecora Resources PLC - critical minerals-focused royalty company - Notes the announcement from Capstone Copper Corp that fund entities managed by Orion Resource Partners LP have agreed to buy a 25% ownership interest in the Santo Domingo project and the Sierra Norte project for up to USD360 million. The company also notes that Capstone is continuing to advance the remaining workstreams towards a final investment decision on Santo Domingo, which is expected in the second half of 2026. Ecora has a 2.0% net smelter return royalty over some Santo Domingo project tenements, including the highest copper grade portion of the deposit. The firm says over the first seven years, it expects the royalty entitlement to generate an average annual royalty of between USD30 million and USD35 million at planned production rates and spot commodity prices.
Current stock price: 90.90 pence, down 1.7% in London on Tuesday afternoon
12-month change: up 41%
By Michael Hennessey, Alliance News reporter
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