Ecora Resources PLC (LSE:ECOR, TSX:ECOR, OTCQX:ECRAF) results this year might come in ahead of forecasts after an update from the owners of its Kestrel royalty in Australia, according to analysts at Panmure Liberum. The royalty group had indicated that Kestrel’s result would be first half loaded, but income of US$40.8 million compared to the broker’s full-year estimate of US$36 million. Output in Ecora's royalty area is 2mt coal, at the upper end of annual guidance where Panmure Liberum had estimated 1.9Mt mined in the company’s area for the whole of 2024. Based on the mine, plan there might be minimal income from Kestrel in the second half but with the first half 14% higher than the full-year estimate, “we believe we are still looking at upgrades to both our estimates and consensus for 2024E”. More at #Proactive #ProactiveInvestors http://ow.ly/5MFI105AgaG
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We’re passionate about our mining communities and use our information, skills and expertise to give confidence to those who live and work in these areas. It’s important to combine our skills by working with our partners to provide better and faster outcomes. This approach has been hugely beneficial with the way ochre, a mine water residue that was previously sent to landfill, is now re-used within the anaerobic digestion industry. Our recently published By-Products framework demonstrates how we will work with others to develop further opportunities over the next 3 years. #ByProductsFramework #NetZero #Sustainable #WorkingWithPartners #CircularEconomy
By-Products Framework
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Sell your surplus equipment quick & easy with Oil Baron's Energy Marketplace!!
Welcome to Oil Baron's Energy Marketplace – your go-to platform for buying and selling used equipment! Whether you're in drilling, well services, mining, transport, or agriculture, we've got you covered. Our extensive network ensures a continuous stream of potential buyers, making it easier than ever to sell your surplus equipment. Plus, being local means we're not just a website – we're your neighbours, ready to provide quick and convenient service whenever you need us. Listing your equipment is simple and seamless – just follow the QR code below and start selling today! Don't let your unused equipment collect dust when it could be turning into cash. Join Oil Baron's Marketplace now and unlock the potential of your surplus equipment! W: oilbaron.com.au | E: sales@oilbaron.com.au | P: 07 3051 0344 #marketplace #usedequipment #surplus #energy #oilandgas #drilling #mining #agriculture #service
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Are we in (modern day) Peak Coal? At a sub $200 p/t price point? There's some BIG #Coal M&A deals in the pipeline, with Anglo American lining up a $5bn+ sale and now EMR Capital and Kestrel Coal Resources getting theirs away as well. We all know Coal has a way to run yet, but seems the deals side is starting already? Is this value, opportunity, folly? #Mining usually has curve balls for most. Odds on the successful acquirers? Keen for thoughts... Omera Partners https://lnkd.in/gJq96jJj
EMR Capital puts Queensland’s Kestrel coal mine up for mega auction
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Mines & Minerals Company. Industrial Minerals Potash Feldspar High Grade 13+ % K2O. Iron ore (MIO) S.G (5.1) Quartz Processing Minerals Reliable Source Trustworthy Approachable Connect for further assistance
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Corporate Connect Research has published a Research Report on Chilwa Minerals stating that #CHW represents a compelling investment opportunity, backed by significant high-grade mineral sand resources and recent positive assay results. Chilwa’s recent sonic #drilling program at its key geographical deposit (Mposa deposit) has revealed high Total Heavy Mineral (#THM) grades, enhancing the confidence level of the Mineral Resource Estimate. While Corporate Connect’s NPV analysis yielded a risked valuation of A$64.78 million, their unrisked NPV valuation sits at A$359.89 million. Corporate Connect believes that with the announcement of additional assay results and subsequent conversion of resources to reserves, the gap is likely to decrease with a proportionate increase in the project's overall valuation. Read the full report: https://loom.ly/vazKlqM #ChilwaMinerals #MineralSands #ASX
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I help mission-driven employers get awesome 401(k)'s. I also think a lot about climate change, investing, and retirement.
Could not agree more Ian Monroe. I get very frustrated by the "Perfect is the Enemy of the Good" arguments that I hear, even from die-hard climate folks. To avoid catastrophic warming, we have two options: 1) Return to pre-industrial technologies rely on animal and human energy instead of fossil fuels. 2) Retool our society to use emission-free alternative forms of energy (solar, wind, geothermal, etc.) Path 1 is possible, but it really would only come after catastrophic societal collapse. In a warming world, who is going to voluntarily give up air conditioning? So that leaves Path 2. And Path 2 is not harm-free. There's a lot of lithium, copper, and silicon that will still need to get extracted to have enough in circulation to meet rising global energy needs. That sucks. Pictures of lithium mines in beautiful landscapes really sucks. It sucks that we need to have a debate at all about whether deep sea critical mineral extraction is more or less harmful than terrestrial mining. But you know what sucks literally 100x more? You know what is far more damaging to natural ecosystems today? The extraction of fossil fuels. This report estimates that the tonnage of oil extracted to power a single year of road transportation globally is equivalent to the tonnage of all ores (pre-refined) that need to be extracted to meet the world's energy needs through batteries. We were all born into a world where fossil fuels are ubiquitous. It is the murky water we swim in. We absolutely can and should pressure the actors in the energy transition to do less harm. But just be careful in how you say it. Add context. Because the status quo is untenable.
Love RMI's new "The Battery Mineral Loop" report! I've lost count of the times I've needed to correct fossil-fueled disinformation about EVs and batteries. With a few snazzy charts, this RMI report makes it clear that 1) YES, the world already has all the battery materials needed to transition to a 100% electric future, 2) battery design improvements and recycling are already dramatically reducing the need for more mining, and 3) ALL of the battery minerals we will ever need for ALL TIME for a 100% EV transition require mining much less material than a SINGLE YEAR of oil extraction: https://lnkd.in/gvTC7k7z #climatesolutions cheers to Daan Walter, Will Atkinson, Sudeshna Mohanty, Kingsmill Bond, Maria Chiara Gullì, Amory Lovins, & Ryan Kushner! Full Report PDF direct link: https://lnkd.in/gGZW4fMc
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It is not that we need to demystify EVs vs ICE emissions on a whole of life cycle basis.. it would appear that there is also disinformation finding its way (quite successfully) around the world. Ian's post below which draws on the analysis of RMI (a US firm) sheds much needed clarity on this. See point #3 and bottom right chart in particular below. Paula Kensington FCCA Selar Henderson Dr Hezri Adnan Clive Webb Hsiao Mei Chow The point here isn't about EVs vs ICEs. It's about fossil fuel-based activities and operations vs alternative sources of energy. More analysis is needed of course to get a better and fuller picture. But this shows possibilities or opportunities.. something the ISSB standards speak about but most people are focussing on the risks.
Love RMI's new "The Battery Mineral Loop" report! I've lost count of the times I've needed to correct fossil-fueled disinformation about EVs and batteries. With a few snazzy charts, this RMI report makes it clear that 1) YES, the world already all the battery materials needed to transition to a 100% electric future, 2) battery design improvements and recycling are already dramatically reducing the need for more mining, and 3) ALL of the battery minerals we will ever need for ALL TIME for a 100% EV transition require mining much less material than a SINGLE YEAR of oil extraction: https://lnkd.in/gvTC7k7z #climatesolutions cheers to Daan Walter, Will Atkinson, Sudeshna Mohanty, Kingsmill Bond, Maria Chiara Gullì, Amory Lovins, & Ryan Kushner! Full Report PDF direct link: https://lnkd.in/gGZW4fMc
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Check it out Maxime Lepine! $2,000 per tonne for processing? "In Q3, the company received a 27-ton graphitic bulk sample from Green Battery Minerals (GEM) at its Scarborough facility, an operational milestone as the largest bulk sample delivery it has received to date. This material was provided as part of the feasibility phase of the Preliminary Mineral Processing Agreement (the “Processing Agreement”) disclosed by Volt in its June 5, 2023 news release, The bulk sample will be used to scale up the process during the feasibility phase of the project and in the advancement of Volt’s dry separation equipment. The initial internal analyses of the processed samples of this bulk sample demonstrated a 96.1% purity in graphitic carbon and 98.1% total carbon. Pursuant to the Processing Agreement, GEM is responsible for paying to Volt the processing costs of the bulk sample which were estimated in the Processing Agreement to be $50,000 per ton. To process the bulk sample and earn the revenue to which it is contractually entitled, the Company expects to accelerate its process development and testing capacity. Volt has not determined how long it may take to complete the processing of the bulk sample and at this time expects that it will take several months." "In Q2, the company air classified a 5 kg sample of crushed feedstock provided by Green Battery Minerals. The recovery results yielded 146 grams of graphite flake per kilogram of crushed feedstock, reflecting a 14.6% yield of graphite flakes per kg of feedstock. The purity results were verified by a third-party lab which showed graphite content of 91.55%, with total carbon showing at 97%."
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#ASXNews Poseidon Nickel Limited is pleased to announce it has entered into an Agreement with Encore Minerals Pty Ltd to develop the gold and nickel tailings at the Windarra Tailings Project using Draslovka a.s.’s (Draslovka) proprietary Glycine Leaching Technology (GLT) and other patented technology. • Encore Minerals intends to use proprietary Glycine Leaching Technology (GlyCatTM + GlyLeachTM) to process the Windarra #gold and #nickel tailings and potentially the Lancefield gold tailings • Under the Agreement Encore Minerals is responsible for the funding, development, operation, closure and rehabilitation of the Windarra tailings project, subject to various conditions precedent and milestones being met Consideration to Poseidon includes: • A$250,000 non-refundable cash payment upon execution of the Agreement • Further payments totalling $1 million cash, payable upon commencement of the development period and the production period • 3% Net Smelter Return royalty, once the Project is in production • Encore Minerals to pay $1.6 million to Poseidon to partially cover the $3.5 million environmental bond held by Poseidon for the Windarra project #POS CEO, Brendan Shalders, commented, “Once unconditional, this Agreement will provide the basis for a mutually beneficial relationship for the Company and Encore Minerals to develop and monetise the Windarra Tailings Project using Draslovka’s proprietary and revolutionary GLT and other technology, which has been developed to extract minerals such as gold, copper, cobalt and nickel by using amino acids such as glycine to leach tailings and ores. We are pleased to see that Draslovka have applied and expanded the use of Glycine Leaching Technology successfully at a number of operations worldwide.” View the full announcement: https://bit.ly/4d3g4u2 #PoseidonNickel #MiningNews #ASX
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[𝐁𝐔𝐒𝐈𝐍𝐄𝐒𝐒 𝐋𝐄𝐀𝐃𝐄𝐑] Jurie Wessels, who is the founder and executive chairperson of Vanadium Resources, is this week's #BusinessLeader. #VedantaResources focuses on the development of the Steelpoortdrift mine and concentrator and the Tweefontein salt roast leach plant. Read more: https://bit.ly/3OZBGOi #VedantaResources
Jurie Wessels
engineeringnews.co.za
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