Ecora Resources landed a significant copper deal - ICYMI
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Ecora Resources has announced a $50 million deal to acquire an interest in a copper revenue stream from Moxico Resources' Mimbula copper mine in Zambia. This move aligns with Ecora's strategy to focus on royalties and streams, promising immediate earnings and cash flow growth.
March 01, 2025 | 10:15 am
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Ecora Resources has secured a $50 million deal to acquire a copper revenue stream from Moxico Resources' Mimbula mine, enhancing its focus on royalties and streams. This is expected to contribute to immediate earnings and cash flow growth.
The acquisition of a copper revenue stream aligns with Ecora's strategic focus on royalties and streams, which is expected to enhance its earnings and cash flow. This positive development is likely to have a favorable impact on the stock price.
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