Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

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Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Ecora Resources reports strong Q1 as it benefits from volume growth and rising commodity prices

Ecora Resources PLC (LSE:ECOR, TSX:ECOR, OTCQX:ECRAF) chief financial officer Kevin Flynn provides an update on the company's performance for the first quarter of 2024, highlighting strong results in line with expectations.

In an interview with Proactive's Stephen Gunnion, Flynn noted significant volume growth, particularly from the Kestrel operations, expected primarily in the first half of the year. Commodity prices, especially for copper, have remained robust, contributing positively to the quarter's performance.

Looking ahead, Flynn emphasised the potential for both organic growth and strategic acquisitions. Key projects like Voisey’s Bay and Mantos Blancos are expected to ramp up, with the latter seeing a debottlenecking initiative anticipated to drive further volume growth in the latter half of the year. The feasibility study for the Santo Domingo project is on track for completion in H1, and updates from BHP’s West Musgrave project are expected by August.

Flynn also highlighted the company’s significant copper asset portfolio, boosted by recent acquisitions like the $20 million Vizcachitas project, positioning Ecora for long-term growth in the copper sector. Finally, he discussed the increasing engagement with the royalty model as an alternative financing solution in the mining industry, given the current scarcity of capital from traditional sources.

Contact Details

Proactive UK Ltd

+44 20 7989 0813

uk@proactiveinvestors.com

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