Natural Resource Stocks host Andy Millette sits down with Marc Bishop Lafleche, Chief Executive Officer of Ecora Resources PLC, to discuss the company’s record Q3 2025 performance and expanding exposure to critical minerals—from copper and cobalt to uranium and rare earths.
Ecora delivered US $25 million in total portfolio contribution for the quarter, a 112 percent increase quarter-over-quarter, driven by strong base-metal streams and the return of mining in Ecora’s private royalty area at Kestrel. The company also continued to strengthen its balance sheet, with net debt down roughly 30 percent since the US $50 million Mimbula Copper Stream completed in Q1 2025.
Key Highlights Covered in This Interview
- Voisey’s Bay Cobalt Ramp Up — Ecora increased 2025 cobalt guidance to 434–448 tonnes and reaffirmed 2026 targets of 500–560 tonnes as Voisey’s Bay approaches steady-state production.
- Mantos Blancos and Mimbula — Mantos Blancos delivered a record quarter, and Mimbula is projected to contribute ≈ US $1.3 million in Q4 portfolio contribution.
- Pipeline De-Risking — Capstone Copper signed a binding agreement with Orion Resource Partners for a 25 percent interest in Santo Domingo, advancing the project toward FID and new copper-royalty cash flow.
- Diversified Exposure — Ecora’s royalty and streaming portfolio spans copper, cobalt, nickel, uranium, vanadium, and rare earths—positioning the company as a key royalty platform for the global energy transition.
- Clean Capital Structure — Approximately 249 million shares outstanding, with no warrants or convertible debt as of Q4 2025.
Company Links
🌐 Website — https://www.ecora-resources.com
📈 Investor Centre — https://www.ecora-resources.com/investors/
📰 Latest News — https://www.ecora-resources.com/media/news
Guest
Marc Bishop Lafleche — Chief Executive Officer
Host and Channel Links
Natural Resource Stocks — Official Channel
🌐 Website — https://www.NaturalResourceStocks.net
📺 YouTube — https://www.youtube.com/@naturalresourcestocks
🐦 X (Twitter) — https://twitter.com/NRS_Stocks
💼 LinkedIn — https://www.linkedin.com/company/natural-resource-stocks
Host Andy Millette
🐦 X (Twitter) — https://twitter.com/AndyMillette
💼 LinkedIn — https://www.linkedin.com/in/andymillette
Co-Host Steve Yang
🐦 X (Twitter) — https://twitter.com/SteveYang_Market
💼 LinkedIn — https://www.linkedin.com/in/steveyang88
