Ecora Resources (ECOR): Santo Domingo development
This situation live
ECOR Ecora Resources
29 Oct 2025 · JV partner agreed; FID expected H2 2026 · +32% until the next step
which clears the path to a Final Investment Decision to proceed with construction of the Santo Domingo project in H2 2026
26 Mar 2026 · FID targeted within next twelve months · +39% until the next step
Santo Domingo: Final investment decision
2 Sep 2026 · Workstreams advancing towards FID, expected Q4 2026 · −16% since
Capstone continues to advance the remaining workstreams towards a final investment decision (FID) on Santo Domingo, expected in Q4 2026.
Santo Domingo development
Workstreams advancing towards FID, expected Q4 2026
Next: Final investment decision
Every step · 3
- 29 Oct 2025 JV partner agreed; FID expected H2 2026 – which clears the path to a Final Investment Decision to proceed with construction of the Santo Domingo project in H2 2026 ↗
- 26 Mar 2026 FID targeted within next twelve months – Santo Domingo: Final investment decision ↗
- 2 Sep 2026 Workstreams advancing towards FID, expected Q4 2026 – Capstone continues to advance the remaining workstreams towards a final investment decision (FID) on Santo Domingo, expected in Q4 2026. ↗
What is happening
Ecora Resources: Santo Domingo development – Workstreams advancing towards FID, expected Q4 2026. ['Workstreams advancing towards FID, expected Q4 2026']
- In short
- Santo Domingo has a JV partner secured, and FID was guided to the second half of 2026. The 2 September 2026 half-year results say Capstone expects FID in Q4 2026 and is still working on detailed engineering, district infrastructure optimisation and financing. A 54,700m 2026 drill programme is 52% complete.
- Announced
- 29 Oct 2025 · JV partner agreed; FID expected H2 2026
- Latest
- 2 Sep 2026 · Workstreams advancing towards FID, expected Q4 2026
- Next milestone
- Final investment decision, expected Q4 2026
- Other catalysts
- Mantos Blancos Phase II study mid-2026; Phalaborwa DFS publication
- Remaining workstreams
- Detailed engineering to 60% completion, district infrastructure optimisation, securing project financing
- Drill programme
- 54,700m 2026 programme, 52% complete
What comes next
Final investment decision.
Briefing
Ecora Resources in 4 minutes
Ecora owns royalties and metal streams on mines run by other companies, with copper at the core and cobalt, uranium, vanadium, gold and steelmaking coal alongside. For years one Queensland coal royalty paid most of...
- Act 1The coal cliff and a reset
- Act 2Copper at the core, at the price of debt
- Act 3Cobalt prices turn the ramp-up into cash
From the company's own announcements. Not investment advice.
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