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LONDON - Capstone Copper Corp. announced that funds managed by Orion Resource Partners LP have agreed to acquire a 25% ownership interest in the Santo Domingo Project and Sierra Norte Project for up to $360 million in cash, according to a statement released on Monday.
Capstone is continuing to advance remaining workstreams toward a final investment decision on Santo Domingo, which is expected in the second half of 2026.
Ecora Resources PLC (LSE/TSX:ECOR, OTCQX: ECRAF), a critical minerals focused royalty company, holds a 2.0% Net Smelter Return royalty over certain Santo Domingo project tenements. This includes the highest copper grade portion of the deposit, which is scheduled to be mined first according to the Updated Santo Domingo Feasibility Study released in July 2024.
At planned production rates and current spot commodity prices, Ecora’s royalty entitlement is expected to generate an average annual royalty of $30-35 million during the first seven years of production.
The Santo Domingo project represents a significant copper development in Capstone’s portfolio. The joint venture with Orion provides additional capital for the project’s advancement.
This article is based on information contained in a press release statement from Ecora Resources PLC dated October 14, 2025.
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