ENERGY MINERALS

Ecora results inline, as Kestrel coal royalties fall

Mining royalty company Ecora Resources reported in-line results, with portfolio contributions down due to lower income from the Kestrel coal mine, as well as a slower-than-guided ramp-up at Voisey’s Bay.

Ecora results inline, as Kestrel coal royalties fall

Ecora reported portfolio contribution in the 2023 June quarter of US$14.7 million, down from $29.6 million in the same period of 2022. Coal production from Kestrel is now guided for 1.7-1.8Mt, down...

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