Ecora Royalties PLC reports developments from a critical-minerals royalty and streaming portfolio focused on copper and other commodities tied to electrification, infrastructure renewal, digital infrastructure, robotics and energy security. The company’s shares are listed in London and Toronto under ECOR and trade on the OTCQX market as ECRAF.
Recurring updates include portfolio contribution from producing royalties and streams, cobalt and copper deliveries, commodity-price effects, and project-level developments across assets such as Voisey’s Bay, Mimbula, Cañariaco, Four Mile, Kestrel and Phalaborwa. Company announcements also cover annual results, investor presentations, annual general meeting materials, director transactions, treasury share transfers, long-term incentive plan awards and total voting rights.
Ecora Resources (OTCQX:ECRAF / LSE:ECOR) noted Capstone Copper's announcement that Orion Resource Partners agreed to acquire a 25% interest in the Santo Domingo and Sierra Norte projects for up to $360 million. Capstone is advancing remaining workstreams toward a final investment decision (FID) on Santo Domingo expected in H2 2026. Ecora holds a 2.0% Net Smelter Return (NSR) over certain Santo Domingo tenements, including the highest-copper-grade area planned to be mined first.
Ecora expects the royalty to generate an average annual entitlement of $30–35 million over the first seven years at planned production rates and spot prices. The announcement includes joint venture presentation materials and directs investors to contact Ecora investor relations for further information.
Ecora Resources PLC (OTCQX:ECRAF), a critical minerals focused royalty company, reported an update regarding the Phalaborwa rare earths project in South Africa. The company holds a 0.85% Gross Revenue Royalty on the project. Rainbow Rare Earths Limited, the project operator, announced successful results from their ongoing test work at the site.
The announcement represents continued progress in the development of this strategic rare earths asset, though specific details of the test work results were not disclosed in this release.Ecora Resources PLC (OTCQX:ECRAF), a critical minerals focused royalty company, has completed the sale of its subsidiary holding a 2% Net Smelter Return royalty over the Dugbe Gold Project in Liberia. The transaction, valued at up to $20.0 million, was executed with a subsidiary of Elemental Altus Royalties Corp.
The company has already received $16.5 million upon completion of the transaction, which was previously announced on September 2, 2025.
Ecora Resources PLC (OTCQX:ECRAF) announced that Vale Base Metals has successfully completed its cobalt throughput test at the Voisey's Bay mine, achieving an impressive 93.7% average throughput rate over a 90-day period.
Ecora holds a significant 70% net interest in a cobalt stream over Voisey's Bay, entitling it to 22.82% of all cobalt production until 7.6kt of finished cobalt delivery, reducing to 11.41% thereafter. This achievement aligns with Ecora's strategic transition from coal to critical minerals, with plans to be 90% focused on sustainable future commodities by 2026.
Ecora Resources (OTCQX:ECRAF) has announced an upcoming live interactive investor presentation scheduled for Tuesday, September 9, 2025, at 4pm BST. The presentation will focus on discussing the company's 2025 Half Year Results via the Engage Investor platform.
The event will feature the company's leadership team and offers shareholders and potential investors the opportunity to participate actively by submitting questions both before and during the presentation. Interested participants can register for free through the Engage Investor platform.
Ecora Resources PLC (OTCQX: ECRAF) has announced the appointment of Michael Falconer as a non-executive director, effective September 9, 2025. The appointment comes as part of the relationship agreement with South32 Limited, which allows South32 to appoint a director when holding at least 10% of Ecora's shares.
Falconer brings over 20 years of mining sector experience, having served in senior roles at Lonmin, BHP, and most recently as Vice President Business Development at South32. His experience includes leading South32's thermal coal operations divestment in South Africa and overseeing the sale of South32's royalty portfolio to Ecora in 2022.
Ecora is transitioning from a coal-focused business to a critical minerals royalty company, with plans to be 90% focused on sustainable future commodities and materially coal-free by 2026.
Ecora Resources (OTCQX:ECRAF) reported mixed H1 2025 results, with total portfolio contribution declining to $17.9 million (H1 2024: $51.3m). The company's base metals segment showed strong growth with an 81% increase to $8.7 million, driven by Voisey's Bay's performance and the Mimbula copper mine acquisition.
Key financial metrics include a loss before tax of $10.9 million (vs. H1 2024 profit of $17.9m) and net debt of $124.6 million. The company declared an interim dividend of 0.60 cents per share. Post-period, Ecora announced the sale of its Dugbe gold royalty for up to $20 million, with $16.5 million receivable at closing, which will help reduce leverage.
The company's strategic pivot towards critical minerals continues, with notable operational progress at Voisey's Bay (cobalt), Mantos Blancos (copper), and positive developments in various development projects including Santo Domingo and Phalaborwa.
Ecora Resources (OTCQX:ECRAF) has agreed to sell its subsidiary holding a 2% Net Smelter Return royalty over the Dugbe Gold Project in Liberia to Elemental Altus Royalties Corp. The total consideration is up to $20.0 million, comprising a $16.5 million upfront cash payment and contingent consideration of up to $3.5 million.
The contingent payments include $700,000 upon project construction commencement and $2.8 million upon commercial production start. The Dugbe royalty, acquired in 2012, had a carrying value of $5.9 million as of December 31, 2024. The transaction aligns with Ecora's strategy to transition from coal to critical minerals focused on electrification trends.
Ecora Resources (OTCQX:ECRAF) reported significant growth in Q2 2025, with total portfolio contribution reaching $11.8 million, up 97% from Q1 2025. The company's base metals portfolio showed strong performance with a 61% increase in contribution to $5.3 million, driven by Voisey's Bay ramp-up, Mimbula copper stream's maiden contribution, and Mantos Blancos's record performance.
Key Q2 2025 highlights include: $8.4 million portfolio contribution excluding Kestrel (up 42% QoQ), $3.4 million from Kestrel as mining returned to private royalty area, and base metals contributing 45% of total portfolio. The company's net debt stood at $124.1 million as of June 30, 2025, with expectations of meaningful reduction by year-end.
The results reflect Ecora's successful transition towards a revenue profile primarily derived from copper and critical minerals, with further volume growth expected in H2 2025.
Ecora Resources PLC (ECRAF) has announced its final dividend for 2024, which was approved by shareholders at the Annual General Meeting on June 5, 2025. The dividend amounts to 1.11 cents per ordinary share, equivalent to 0.8086 pence in Sterling and 1.5158 Canadian cents per share.
The conversion rates were determined based on exchange rates of US$1=£0.7285 and US$1=C$1.3656 as of the record date, June 27, 2025. The final dividend payment is scheduled for July 25, 2025.