Ecora Resources acquires royalty in heart of Chile's copper belt
Vizcachitas' first production is scheduled for 2029
Company
Ecora Royalties PLC
LON:ECOR
Ecora Royalties is building a portfolio of royalties aligned to decarbonisation and electrification. Copper is at the core of the portfolio, a vital component of the energy transition and the infrastructure required for technological innovation. Ecora is contributing to these trends through investing in projects that are extracting critical minerals whilst offering investors exposure to this thematic at the top line via the royalty model.
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Ecora Resources extends record performance despite shipment delays
The battery metals-focused royalty company, which changed its name during the quarter, posted an update revealing a portfolio contribution of US$34.1mln for the quarter, up from US$23.6mln a year ago
Anglo Pacific changes name to Ecora Resources
The name change represents the "successful transformation" from a predominantly coal royalty business to one that is expected to generate over 90% of its revenue from commodities required to support a sustainable future by 2026
Anglo Pacific welcomes West Musgrave go-ahead
"West Musgrave is everything we look for in a royalty acquisition"
Anglo Pacific gets target upgrade after bumper interims
The one surprise was the reduction in debt, which at US$71mln was way above its forecasts.
Anglo Pacific Group reports record portfolio contribution in first half
The group expects to deliver a strong performance in the second half even as commodity prices have softened
Anglo Pacific’s interim results outflank forecasts
Record portfolio contributions achieved for fourth straight quarter
Anglo Pacific reports fourth consecutive record portfolio contribution
The portfolio contribution of US$49.2mln was 13% higher than the previous record of US$43.6mln in the first quarter
Anglo Pacific gets City plaudits for South 32 deal
'The dividend also looks solidly backed at 7p a share post completion of the acquisition'
Analyst view: Anglo Pacific makes a very significant US$185mln acquisition
The deal aligns with Anglo Pacific’s strategy to increase its portfolio’s exposure to future-facing commodities, says Proactive Research analyst Ryan Long.
Anglo Pacific to buy portfolio of copper and nickel royalties from South32 for initial US$185mln
In addition, it will make six quarterly cash payments to South32 totalling US$55mln
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Today's Market View - Anglo Pacific, Beowulf Mining, and more...
SP Angel . Morning View . Monday 04 07 22Copper trades below $8,000/t as speculators push metal lower in thin tradeMiFID II exempt information – see disclaimer below -----------------------------------------------------------
Anglo Pacific welcomes start of production from Brazilian Nickel's Piauí project
The London-listed royalty and streaming company invested US$2mln in the project in September 2017 in return for a 1.25% royalty
Anglo Pacific gets upgrade after Queensland changes coal royalty rates
At spot prices, the 2022-24E revenue and FCF accretion is US$201mln and US$130mln respectively.