Dig Deep Ecora Resources' Journey Towards a Sustainable Future with Marc Bishop-Lafleche
In this episode, we have a returning guest who appeared twice back in 2022 (episodes 217 and 267). Marc Bishop Lafleche, CEO of Ecora Resources, who are a leading royalty company focused on supporting the supply of commodities essential to creating a sustainable future. Listed on the London Stock Exchange and the Toronto Stock Exchange, they have a proven track record of delivering value-accretive growth.
Marc has a banking and international finance background and has been with the company for the past 11 years, moving into the CEO role 3 years ago. Marc gives us an update on the company since we last spoke, and why they have changed focus, their recent acquisition, update on the current royalty market, and his thoughts on financing within the mining industry.
KEY TAKEAWAYS
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Ecora Resources has shifted from relying heavily on a single coal royalty stream (Kestrel) to diversifying its portfolio with future-facing minerals
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The company emphasises a strategy of quality over quantity in its royalty acquisitions, targeting low-cost assets that are expected to generate strong cash flows and withstand commodity price cycles.
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With a sector-leading copper pipeline, Ecora is well-positioned to benefit from the increasing demand for copper driven by urbanisation, renewable energy, and electric vehicles
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Royalty companies have become a key source of financing in the mining sector, providing flexible and less risky funding options compared to traditional debt and equity
BEST MOMENTS
"We've been quite deliberate and methodical... to build this business with the strategy of quality over quantity."
"I think 2025 will be a pretty important year for this company... starting to see free cash flow growth from a lot of the assets we've put into the business."
"The royalty sector has emerged as a key source of financing... because of its evergreen nature."
"The demand for electricity and the need for these critical minerals to me is really, really clear."
VALUABLE RESOURCES
Mail: rob@mining-international.org
LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/
X: https://twitter.com/MiningRobTyson
YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast
Web: http://www.mining-international.org
This episode is sponsored by Hawcroft, leaders in property risk management since 1992. They offer:
- Insurance risk surveys recognised as an industry standard
- Construction risk reviews
- Asset criticality assessments and more
Working across over 600 sites globally, Hawcroft supports mining, processing, smelting, power, refining, ports, and rail operations. For bespoke property risk management services, visit www.hawcroft.com
GUEST SOCIALS
https://www.ecora-resources.com/
https://www.linkedin.com/company/ecora-resources-plc
CONTACT METHOD
https://www.linkedin.com/in/rob-tyson-3a26a68/
Podcast Description
Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.
This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/